The Lockheed Martin Corp., the world’s largest defense company, may double sales of its new F-35 fighter jet in a surge of contracts that could squeeze competitors including Boeing Co. and Saab AB out of the market.
The U.S. and eight partner nations already plan to buy more than 3,000 of the warplanes, and with potential exports to countries including Israel, South Korea, Japan, Singapore, Finland and Spain the total could “easily” reach 6,000, Brigadier General David Heinz, the top Pentagon official for the F-35, said Wednesday.
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